ATH saving 60million a year with recent cutshttps://www.fool.ca/2015/03/23/pink-slips-continue-to-flood-canadas-oil-industry/
Athabasca Oil, which has been under tremendous pressure to cut costs, announced this past week that it will cut its head office workforce by 50% from the level it started with last year. Those cuts are expected to save the company $60 million a year and help align costs to the current weak oil-price environment.